The EITI will hold its 2013 Global Conference for transparency in Sydney, Australia 23-24 May 2013.
The recommendation came in a report released 23 August.
Peru and Mauritania were this week found to be in compliance with the EITI standard. The EITI (Extractive Industries Transparency Initiative) is the global standard that ensures accountability and transparency of the revenues from a country’s extractive sector. The international EITI Board announced that the two countries have been accepted as “EITI Compliant” at its meeting at Wiston House in the United Kingdom.
EITI Chair Clare Short called on Libyan Prime Minister Abderrahim Al-Kib to commit Libya to implement the EITI standard.
In a letter on Tuesday she wrote that “a decision by your government to implement the EITI would create a level playing field for the oil industry in Libya”. She added that the transparent management of oil wealth was essential for “the rebuilding of your country and to ensure that all the Libyan people get the benefits to which they are entitled after years of secrecy and plund
Clare Short, Chair of the EITI, gave on 8 December the Annual Anti-Corruption Lecture at Transparency International UK.
In her lecture, Ms Short briefly reviews the evolution of efforts to curb corruption, concluding that some strides have been made since corruption started to be taken seriously in the last 10-15 years, exemplified by the recent growth of countries following the EITI standard, stating that “there is no doubt that the EITI has got off to a good start”.
The Norwegian Nobel Committee announced today that the 2011 Nobel Peace Prize is awarded to Ellen Johnson Sirleaf, Leymah Gbowee, Tawakkul Karman "for their non-violent struggle for the safety of women and for women’s rights to full participation in peace-building work".
Chair of the EITI Clare Short said: "Congratulations to all the three laureates, including Ellen Johnson Sirleaf, long-time friend of the EITI.
Good Management of Natural Resources: Lessons and Opportunities for Low Income Countries
Session Description: Many countries face challenges to realize the full potential of their exhaustible natural resources and avoid the pitfalls that have plagued resource-rich countries in the past. This is particularly the case for low-income countries, which have huge development needs but often weak institutions. Economic challenges include optimal resource taxation, fiscal policy design,